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BW Energy Storage Systems will invest about SEK 1bn in Ingrid Capacity. This investment will be used to accelerate Ingrid Capacity’s growth trajectory and to execute on 400MW of energy storage, in a strategic partnership with BW ESS.
It is a great honor to inaugurate the largest energy storage investment in the Nordics, with 211 MW now connected to the power grid. Thanks to the efforts of Ingrid Capacity and BW ESS, we are reducing grid congestion and enabling increased power production.
In several countries near Sweden, the expansion of energy storage has therefore already been underway for some time. Ingrid Capacity now ensures that Sweden catches up,” says Karin Lindberg Salevid, Chief Operations Officer of Ingrid Capacity.
“Ingrid Capacity and BW ESS are now leading the way with a large-scale expansion that adds significant storage capacity to locations across Sweden. It is not a dabbling in the margins, but a historic investment that fundamentally changes the Swedish energy system. And we do it fast.
As a next step, Ingrid Capacity is about to commence the construction of another 13 new battery storage facilities in Sweden by the end of 2024, with a capacity of 196MW/196MWh, further strengthening the Swedish electricity grid in the SE3 and SE4 price areas.
BW Group’s operational headquarters are in Singapore, and the company has had a strong presence in Scandinavia for the past 20 years. The company has had a strong presence in Scandinavia for the past 20 years. Swedish energy storage company Ingrid Capacity, the market leader in the Nordics, secures approx. SEK 1bn of investments from BW Energy Storage Systems (BW ESS)
A storage with a power of 20 MW correlates to what a Swedish town with 40,000 inhabitants on average consumes during peak hours. In September, Ingrid Capacity and BW ESS announced the start of six …
Ingrid Capacity secures approx. SEK 1bn of investments from BW Energy Storage Systems (BW ESS), a part of BW, to accelerate growth and execute on an unparalleled 400MW pipeline of battery storage assets.
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Ingrid Capacity and BW ESS – who jointly build energy storage at critical locations in the electricity grid – is now entering the final stage for six facilities at different locations in Sweden, with a total output of 89 MW.
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The connection to the grid was overseen at the time by the Swedish minister for climate and the environment, Romina Pourmokhtari. Among her comments at the ceremony, Pourmokhtari said: "It is a great honor to …
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Swedish energy storage company Ingrid Capacity, the market leader in the Nordics, secures approx. SEK 1bn of investments from BW Energy Storage Systems (BW ESS), a part of BW Group, to accelerate growth and …
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The company is in the midst of commissioning the first projects of a 200MW battery energy storage system (BESS) pipeline in Sweden in partnership with BW ESS, the energy storage owner-operator arm of global …
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Swedish energy storage company Ingrid Capacity, the market leader in the Nordics, secures approx. SEK 1bn of investments from BW ESS, a part of BW Group, to accelerate growth and execute on an unparalleled …
The Confederation of Swedish Enterprise expects an even higher demand of about 200 TWh. If we compare both scenarios with the roughly 140 TWh we consume today, we will thus require an additional 50–60 TWh within 25 years, …
Ingrid Capacity secures approx. SEK 1bn of investments from BW Energy Storage Systems (BW ESS), a part of BW, to accelerate growth and execute on an …